This two-day course is designed for professionals wishing to obtain a practical understanding of the basic energy derivative structures that are used in trading, marketing and risk management today. An emphasis is placed on understanding how financial tools are added to physical market components to manage the risk faced by both energy users and suppliers. Participants are requested to bring calculators to the course. For interested participants wishing to augment their energy trading knowledge, a 2-day "Introduction to Energy Trading Using Options" course is typically scheduled immediately following this course (see event calendar for details). A complete set of course materials and lunches are included.
Outline:
Introduction
Energy Sector Risks (Physical, Financial, Basis, Performance, Cross-Commodity)
Natural Gas Index Pricing
Crude Oil Pricing
Understanding the Forward Curve
Energy Forward Curve Behavior :Backwardation/Contango/Cyclicality
Basic Hedging Instruments - Futures Contracts and Forwards
Basic Hedging Instruments - Fixed-for-Float (Fixed) Price Swap & Basis Swaps
Futures Versus Forwards Versus Swaps
Transforming Risks using Derivatives
Basic Risk Reporting - Position Reports and Mark-to-Market Reports
Basic Risk Reporting - Profit/Loss Reports and Value at Risk Reports
Managing & Controlling Risk Reports
To view course details or to register,http://www.peice.com/eventdetails.aspx?event=104566&frfi=272406
For further information, contact: michele@peice.com
Start Date Monday, September 08, 2008
End Date Tuesday, September 09, 2008
Posted by PEICE on Wednesday, June 25, 2008 17:33
Location Calgary
Category Training Courses
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